Both are good questions. Financing timing is frequently misunderstood because no single participant controls every dependency. Rather than relying on one completion estimate, ask what information is still outstanding, who must supply it, and which negotiation dates depend on financing progress...
I work around the Los Angeles property market and often see confusion arise not from one dramatic problem, but from unclear responsibilities: who supports a price, who can negotiate, who controls the financing timetable, and who is meant to obtain each document.
I’m opening this thread for...